DAIICHI KIGENSO KAGAKU-KOGYO CO.,LTD [4082.T]
TOKYO, Apr 23 (Pulse News Wire) – Daiichi Kigenso Kagaku-kogyo Co.,ltd (4082.T) resolved to issue restricted shares as part of its incentive program during a board meeting held on April 23. The issuance, scheduled for May 8, involves distributing ordinary shares worth ¥2,305 per share to six non-executive directors and officers.
The total value of the distribution is ¥9.8 million. This initiative aims to enhance long-term corporate value and foster greater alignment between management and shareholders. Under the program, executives cannot sell their shares until May 7, 2056, ensuring sustained commitment to shareholder interests.
Additionally, the company will acquire any unsold shares at the end of the restriction period. The shares will be managed through a dedicated account at Nomura Securities to ensure compliance with restrictions. Payment for these shares is based on the closing price of Daichi Kigenso's stock on the Tokyo Stock Exchange on April 22, which was set at ¥2,305.
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